# Monetary Policy Report (IPOM) press conference, third quarter of 2026 | BCRA

> The BCRA presented its third-quarter 2026 Monetary Policy Report, highlighting that Middle East conflict has not eased, Hormuz transit remains disrupted, and the conflict has spread to the Red Sea. The report notes falling oil inventories and low European gas storage heading into winter.

- Date: 2026-10-29 · published 2026-10-29T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/17346-monetary-policy-report-ipom-press-conference-third-quarter-of-2026-bcra
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Persistent Hormuz and Red Sea disruption keeps energy and fertilizer costs elevated, which raises feed production and freight costs for buyers.

## Read by commodity

- BRENT: bullish ▲
- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2017-11-06 | [Markets question degree of monetary divergence](https://feedsoft.ai/events/68156-markets-question-degree-of-monetary-divergence.md) | +3.5% | +3.7% |
| BRENT | 2023-09-01 | [US crude futures climb over $2 per barrel, notch third monthly hike](https://feedsoft.ai/events/34754-us-crude-futures-climb-over-2-per-barrel-notch-third-monthly-hike.md) | +4.0% | +10.3% |
| BRENT | 2021-09-27 | [The Commodities Feed: The power crunch spreads to the rest of the complex \| snaps \| ING THINK](https://feedsoft.ai/events/11976-the-commodities-feed-the-power-crunch-spreads-to-the-rest-of-the-complex-snaps.md) | +2.0% | +9.9% |
| BRENT | 2018-05-22 | [Oil conspires with politics to drive rupee toward record low \| Business News](https://feedsoft.ai/events/65299-oil-conspires-with-politics-to-drive-rupee-toward-record-low-business-news.md) | -4.9% | -4.8% |
| BRENT | 2026-03-03 | [Standard Chartered raises 2026 Brent forecasts following Middle East turmoil \| Reuters](https://feedsoft.ai/events/8006-standard-chartered-raises-2026-brent-forecasts-following-middle-east-turmoil.md) | +24.7% | +51.3% |
| NATGAS | 2021-09-27 | [The Commodities Feed: The power crunch spreads to the rest of the complex \| snaps \| ING THINK](https://feedsoft.ai/events/11976-the-commodities-feed-the-power-crunch-spreads-to-the-rest-of-the-complex-snaps.md) | +9.7% | +1.4% |
| NATGAS | 2021-10-20 | [The Global Energy Crisis: Implications of Record High Natural Gas Prices - Center on Global Energy Policy at Columbia University SIPA \| CGEP](https://feedsoft.ai/events/44767-the-global-energy-crisis-implications-of-record-high-natural-gas-prices-center.md) | +15.9% | +4.0% |
| NATGAS | 2026-03-03 | [Standard Chartered raises 2026 Brent forecasts following Middle East turmoil \| Reuters](https://feedsoft.ai/events/8006-standard-chartered-raises-2026-brent-forecasts-following-middle-east-turmoil.md) | +7.0% | -3.1% |

## Sources

- bcra.gob.ar: https://www.bcra.gob.ar/en/news/press-conference-on-the-monetary-policy-report-ipom-third-quarter-of-2026/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.